Results 1 to 12 of 12
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10-06-2017, 03:04 AM #1
- Join Date
- Jun 2017
- Posts
- 39
Cash Advance with no minimum # of deposits requirement
My client has average deposits $120k from April though August. They are looking for a cash advance. They have solid credit (high 600s to low 700s, no NSFs or other issues).
The issue is the # of deposits per month is very low (4, 4, 3, 2, 4). Does anyone know a direct lender who doesn't have a minimum # of deposits requirement?
Thanks.
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10-06-2017, 06:09 AM #2
- Join Date
- Mar 2014
- Posts
- 147
Cash Advance with no minimum # of deposits requirement
Send to mpeeler@sfscapital.com. Strategic funding!
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10-06-2017, 06:10 AM #3
- Join Date
- Mar 2014
- Posts
- 147
Cash Advance with no minimum # of deposits requirement
Quickbridge will also do the deal but max term is approx 7 months.
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10-06-2017, 10:41 AM #4
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- Jun 2017
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- 39
Thanks.
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10-06-2017, 11:42 AM #5
- Join Date
- Jul 2015
- Posts
- 168
Doable for us @Lendvo. Shoot us an email: support@lendvo.com
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10-06-2017, 03:57 PM #6
- Join Date
- Oct 2015
- Posts
- 39
TBB does low # deposits, just need to be >0 every month. We will require contracts showing upcoming revenue (equal to 1 month's revenue aka $120K in this case), just a heads up, but if they have consistent business that's not going anywhere this shouldn't be a problem to provide. mmitsnefes@businessbacker.com
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10-09-2017, 12:37 PM #7
- Join Date
- May 2013
- Posts
- 67
Due to the low # of deposits FundSoFast would consider this restricted and the merchant would qualify for a 4-8 month term up to 75k. If they pay well this deal would be moved to standard pricing upon renewal.
info@fundsofast.com
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10-10-2017, 07:43 PM #8
- Join Date
- Oct 2017
- Posts
- 3
Send to info@BluWhaleCapital.com.
We can definitely do it.
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10-10-2017, 08:36 PM #9
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- Oct 2016
- Posts
- 4,318
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10-10-2017, 09:15 PM #10
- Join Date
- Jun 2017
- Posts
- 12
Cash Advance with no minimum # of deposits requirement
Where did they come from?
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10-11-2017, 08:09 AM #11
- Join Date
- Jun 2017
- Posts
- 2,049
bluwhalecapital.com is literally top 5 worst websites and names ive ever seen.
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10-11-2017, 08:37 AM #12
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
Amanda Kingsley
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